Philip Green
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Dec- 2024 -3 DecemberClothing & Shoes
Charity Super.Mkt to open 12 more pop-ups next year
Second-hand clothing pop-up Charity Super.Mkt reportedly is set to open 12 more locations next year as it looks to cater to the demand in vintage fashion, according to The Guardian. Charity Super.Mkt brings together a collection of pre-loved fashion and accessories, including vintage denim, sports- and streetwear, while working closely…
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Jun- 2024 -26 JuneNews
Today’s news in brief
Former BHS owner Dominic Chappell has been ordered to pay at least £50m by a High Court judge for the losses incurred by the high street chain before its collapse. Chappell, who bought BHS for £1 from Philip Green, faces charges from liquidators for wrongful trading, misfeasance, and breach of…
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Apr- 2024 -18 AprilClothing & Shoes
Shein revives interest in acquiring Topshop
Shein is reportedly amongst a “number” of retailers still interested in acquiring the Topshop brand from Asos. According to The Times, Asos has received “non-stop interest” from a range of high-profile retailers, including the fast-fashion giant. Authentic Brands Group (ABG), which now owns Ted Baker and Forever 21, is also…
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Nov- 2023 -7 NovemberClothing & Shoes
Shein eyes Topshop move
Fast fashion brand Shein has reportedly formally registered its interest in making an offer for Topshop, The Times has reported. The news comes right after the company acquired Missguided and its intellectual property rights from Frasers Group last week for an undisclosed amount. Topshop was acquired by Asos for £330m…
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Jan- 2023 -25 JanuaryClothing & Shoes
Arcadia pension deal nears completion
Trustees of the Arcadia Group pension scheme may be close to securing a funding deal backed by one of the UK”s biggest insurers, Aviva, Sky News has reported. A binding deal would guarantee their incomes following the collapse of the group, which owned brands such as Topshop and Dorothy Perkins…
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Aug- 2022 -12 AugustClothing & Shoes
Topshop founder Sir Ralph Halpbern dies aged 83
Sir Ralph Halpern, the founder of Topshop who was described as a driving force behind British retail in the 1970s and 1980s, has died at the age of 83. Halpern began his career as a trainee at Selfridges, and would later go on to become “one of the most high-profile…
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Nov- 2021 -15 NovemberDepartment Stores
Thai company eyes Selfridges buyout
Central Group, a Thai-based company which owns Rinascente, the Italian department store, is reportedly considering entering a multi-billion pound takeover bid for Selfridges, according to Sky News. The group, which is controlled by the Chirathivat family, is said to be one amongst a “number of parties” which have expressed an…
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Jul- 2021 -14 JulyHigh Street
Administrators appointed to wind up Arcadia Group
Mazars has been appointed as liquidators of Philip Green’s collapsed retail empire Arcadia Group -with the group looking to “repay key creditors”, including HMRC. Arcadia, which operated numerous high-street brands across the UK and globally, including Topshop, Burton and Dorothy Perkins, fell into administration towards the end of last year,…
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Mar- 2021 -26 MarchFeatures
E-commerce trends can’t outweigh a flotation’s individuality
Moonpig, The Hut Group, and In The Style. These are just a few of the e-commerce retailers to have gone public since the start of the Covid-19 pandemic. But are they just a few successful outliers, or are they the beginning of a trend of London Stock Exchange e-commerce listings…
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Feb- 2021 -23 FebruaryClothing & Shoes
GMB slams Arcadia collapse scandal
GMB has criticised the “scandal” regarding the collapse of retail group Arcadia, revealing that the taxpayer will have to pay out the redundancy packages of sacked employees. The union also took aim at administrators Deloitte for “making millions” for their services during the sale of Phillip Green’s former retail empire.…
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